What does a property manager typically oversee?

A property manager typically oversees all operations related to property management, which encompasses a broad range of responsibilities. This includes the day-to-day management of residential or commercial properties, ensuring the upkeep and maintenance of the property, handling tenant relations, and managing lease agreements. Property managers also oversee financial aspects, such as budgeting, rent collection, and expense management, but their role is not limited to financial expenditures alone.

Additionally, property managers are responsible for marketing the property, showing available units, screening potential tenants, and addressing any issues that arise during a tenant's occupancy. This comprehensive role aims to ensure that the property is operating efficiently and effectively, maximizing its profitability while maintaining tenant satisfaction. The breadth of their responsibilities highlights that property management is a multifaceted role that extends well beyond just one area, making it clear why overseeing all operations is the correct answer.